Is LocalBitcoins a P2P exchange in India?

LocalBitcoins boasts as the first P2P Bitcoin exchange to gain mainstream adoption in India. Since the start of August, the P2P exchange registered $3.7 million in India – only bettered by Paxful – its highest two-week trading volume in 2020 yet. LocalBitcoins allows users to exchange local currency i.e. Indian Rupees into BTC only.

What are the top P2P bitcoin exchanges in India?

According to UsefulTulips, weekly trades across two of the top P2P Bitcoin exchanges, LocalBitcoins and Paxful, amounted to a record high of $4.4 million in the week ending Aug 4. Before we look at some of the top P2P BTC exchanges in India let’s step back and focus on how P2P exchanges work and why they are important.

How many payment methods are available in P2P crypto exchanges in India?

Over 300 payment methods are available. To learn more, read our Paxful exchange review. Excellent features are offered by P2P crypto exchanges in India that will help you personalize your trading experience. Also, a live chat option is available on some platforms that make it easy for the trader to communicate during the trade.